Hershey, Skyworks Scheduled To Announce Annual Dividend Boosts In July

Jul. 04, 2022 4:02 AM ET, , , , , , , , , , , , , , , , , , , , , , , , , , , , , 15 Comments
Harvesting Dividends
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Summary

  • Investors saw double-digit dividend increases from Kroger, Target, and UnitedHealth Group in June.
  • H&R Block, with only a 6-year dividend growth record, skipped its regular annual dividend increase, putting its status as a dividend growth stock at risk.
  • On deck in July are several companies that are expected to announce large dividend boosts – Cintas, Hershey, and Skyworks among them.

Citing Rising Cost Of Ingredients, Hershey Raises Prices 8 Percent

Hershey's is one of the dividend growth companies that will announce its annual increase in July.

Scott Olson/Getty Images News

This is the latest in my series of articles where I provide predictions of annual dividend increases for a variety

This article was written by

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I'm an individual investor looking to grow my wealth over the long term. I've tried many different styles of investing over the last 25 years and have found that buying dividend growth stocks and reinvesting the dividends is one of the easiest ways to grow wealth over the long term. Over the years, I've owned stocks, options, ETFs, treasury notes, and mutual funds. I operate a blog, HarvestingDividends.com, that provides information on the S&P Dividend Aristocrats and other dividend growth stocks.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of WBA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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